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Apple Inc. (AAPL) - free report >>
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Apple's 2016 Black Friday Sale is First in Years
This year, tech giant Apple Inc. (AAPL - Free Report) is teasing a one-day sales event on Friday, November 25, otherwise known as 2016 Black Friday. The company has been promoting the event through both an email campaign and on its website, telling Apple fans to “save the date.”
Apple has yet to reveal which products will be on sale, but its Apple Watch is prominently displayed on its homepage, suggesting that it will be a highlight of the company’s Black Friday sale. What we do know about Apple’s sale, however, is that shoppers will be eligible for free two-day delivery when they order in-stock items online before 5 p.m.
The iPhone maker offered no Black Friday deals last year. In the past, Apple has given away iTunes gift cards with certain purchases during the shopping holiday. It’s unclear if the deals will be online only or include in-store too, but it’s safe to say that this year, Apple may offer discounts on specific tech gadgets.
For many retailers, Black Friday and the rest of the holiday season are important for positive fourth quarter performance and top line goals. Apple, which has reported three consecutive quarters of year-over-year sales declines, is likely looking to change its negative revenue trend.
In addition to the Apple Watch, look for other Apple products like Macs, the iPhone, and the iPad to be on sale on Black Friday at Target (TGT - Free Report) , Best Buy (BBY - Free Report) , and Walmart (WMT - Free Report) .
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